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Nigeria Secures Permanent Seat on African Central Bank Board
Nigeria has reached an important diplomatic and economic milestone by securing a permanent seat on the Board of the African Central Bank (ACB). This was announced during the 39th Session of the Executive Council of the African Union (AU) in Addis Ababa, Ethiopia. On Friday, the Ministry of Foreign Affairs…
Read More »Abuja Judge Steps Aside From EFCC Cases Involving Malami
Justice Obiora Egwuatu of the Federal High Court sitting in Abuja has stepped aside from two EFCC matters involving former Attorney-General of the Federation, Abubakar Malami. The judge announced his withdrawal on Thursday, shortly after the asset forfeiture case was mentioned in open court. He said he was recusing himself…
Read More »Top 10 States With the Biggest Foreign Debt Deductions From FAAC in 2025
In 2025, Nigeria’s 36 states collectively lost ₦455.38 billion to foreign debt service deductions taken straight from their FAAC allocations. That figure is not small change. It is ₦93.30 billion higher than the ₦362.08 billion deducted in 2024 a 25.77% jump in one year. What this means in plain terms…
Read More »Why is Nigeria asking for Foreign Military Training Now?
U.S. troops are expected to arrive in Nigeria soon, about 200 personnel, to provide training and advisory support to Nigerian forces, according to reports. Nigerian authorities insist the mission is not for combat, and that Nigeria will retain full operational control. So the question many people are asking is simple:…
Read More »₦300bn Electricity Support for Hospitals, Universities Delayed
A ₦300 billion federal government initiative to secure a stable electricity supply for federal teaching hospitals and universities has not yet been fully implemented. This delay raises concerns among stakeholders about ongoing power outages and high operational costs affecting vital public institutions across the country. The funding, included in the…
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